Bought with Southdale Properties Inc.
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Key Details
Sold Price $507,000
Property Type Commercial
Sub Type MultiFamily (5+ Units)
Listing Status Sold
Purchase Type For Sale
Square Footage 3,432 sqft
Price per Sqft $147
Subdivision Town Of Lake Worth Add 1
MLS Listing ID RX-10654345
Sold Date 10/14/20
Abv Grd Liv Area 16
Year Built 1970
Annual Tax Amount $8,527
Tax Year 2020
Lot Size 6,534 Sqft
Property Description
Turnkey 5-UNIT, CONCRETE-BLOCK, MULTIFAMILY BUILDING! Desirable EAST-OF-DIXIE-HIGHWAY location, in burgeoning LAKE WORTH BEACH! 100% occupied, five separate electric meters, five separate water meters, off-street parking, communal laundry room, 50' x 135' corner lot. Built in 1970, appealing and sensible interior floor plans, ceramic tile floors. Dependable income from reliable, uncomplicated tenants. Long-time landlord finally ready to sell, after nearly two decades of gratifying ownership. Seeking an upstanding investor, who appreciates the excellence of this opportunity, and can effectuate a purchase and sale with no dramatics.
Location
State FL
County Palm Beach
Area 5610
Zoning SFR
Interior
Heating No Heat
Cooling Wall-Win A/C
Flooring Ceramic Tile
Fireplaces Type Smoke Detector
Exterior
Community Features None
Utilities Available Electric, Public Water, Public Sewer
Roof Type Comp Shingle
Present Use None
Building
Story 85.00
Foundation CBS
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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